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LERA Opens new office in Jaipur, India
January 30, 2024
Jaipur, India LERA Consulting Structural Engineers (LERA), a structural engineering consulting firm based in New York, has opened a new office in India. The office is under the leadership of Nayan Trivedi P.E., partner at LERA
Blanton of Largo Capital secures mortgage to refinance 91-room hotel
January 30, 2024
Orlando, FL Ben Blanton of Largo Capital, Inc. secured a 10-year permanent first mortgage to refinance the existing debt plus cash-out for a 91-room Avid (IHG) Hotel
Rockland County: warehouses or bust? Building a brighter future beyond big boxes - by Paul Adler, Es...
January 30, 2024
Rockland County, nestled across the Hudson from bustling Manhattan, is at a crossroads. While the last two years have seen a boom in commercial development, it's been a one-note symphony – a monotonous chorus of rising warehouses. While these hulking structures promise short-term economic gains
Blanton of Largo Capital secured financing for a grocery anchored retail center
January 30, 2024
Atlanta, GA Ben Blanton from Largo Capital, Inc. successfully secured acquisition financing for a grocery anchored retail center for $5.75 million. The financing was sourced through one
JRM Construction Management shares 2023 end-of-year recap
January 30, 2024
Manhattan, NY JRM Construction Management (JRM), a leading name in the construction industry, shared their 2024 End-Of-Year Recap. JRM Construction Management concluded 2023 with a series of accomplishments
Ross of Largo Capital secures purchase of retail plaza for $4.4 million
January 30, 2024
Whitehall, OH Kevin Ross, managing director at Largo Capital, successfully secured acquisition financing to facilitate the purchase of a neighborhood retail plaza for $4.4 million
Cushman & Wakefield arranges $27 million sale of commercial townhouse
January 30, 2024
Manhattan, NY Cushman & Wakefield has arranged the sale of 25 East 22nd St., a 17,185 s/f office building. The final sale price was $27 million equating to $1,571 per s/f.
Marcus & Millichap brokers $57 million mixed-use portfolio sale
January 30, 2024
Manhattan, NY Marcus & Millichap has completed the $57 million sale of a six-building mixed-use portfolio in the East Village. “This 79% non-rent-stabilized portfolio includes three tax-class-protected buildings, an elevator building, and spans over 59,000 gross s/f
JLL Capital Markets brokers sale of 25-unit multi-housing property
January 30, 2024
Manhattan, NY JLL Capital Markets has completed the sale of 216 West 78th St., a five-story primarily rent stabilized elevatored multi-housing property on the Upper West Side. JLL represented the seller, a longtime family owner. The buyer was
The Journey Church NYC extends 8,643 s/f lease at 247 West 37th St.
January 30, 2024
Manhattan, NY According to GFP Real Estate, LLC, The Journey Church NYC, a “casual, contemporary, Christian church,” has signed a 10-year lease extension for its existing 8,643 s/f on the third floor of 247
Applications being accepted for Open Access' annual 2024 Fellowship program until Feb. 15
January 30, 2024
New York, NY Open Access has made available the opening of applications for its fourth annual program. Open Access aims to address the underrepresentation of Black and Latinx professionals in the community development finance industry, encompassing areas
Sacramone joins JLL as senior vice president
January 30, 2024
Parsippany, NJ Kimberly Sacramone has joined JLL’s New Jersey brokerage team as a senior vice president. With a client-centered approach that prioritizes listening first to understand each client’s unique situation, Sacramone
Ease Capital adds Hanson as associate to origination and underwriting team
January 30, 2024
Manhattan, NY According to Ease Capital (Ease), the technology-enabled multifamily lender, Trevor Hanson has joined the company as an associate in where he will focus on the origination and underwriting of new lending opportunities. His addition
Atlas Evaluation & Inspection Services hires Gabriel as chief operating officer
January 30, 2024
South Plainfield, NJ Atlas Evaluation & Inspection Services (AEIS), hired Juan Gabriel as chief operating officer. Gabriel brings 15 years of experience in heavy civil and commercial infrastructure planning, execution, and asset management across multiple
Capstone sells The Ridge at 285 for $5.4 million
January 30, 2024
Lakewood, CO Capstone has closed the sale of The Ridge at 285, a 18,000 s/f multifamily property for the sale price of $5.4 million. Christian Burgdorf and Sean Holamon of Capstone brokered the transaction.
Merritt 7 leases over 160,000 s/f in past year, including new tenant Terex Corp.
January 30, 2024
Norwalk, CT According to Clarion Partners, LLC and Marcus Partners, Terex Corp. has signed a long-term lease at Merritt 7. Terex, a global manufacturing company, will be relocating from 45 Glover Ave. to 24,757 s/f in the upgraded Building 301. The new lease capped off
Katz & Assocs. promotes Buchanon, DePasquale and Gardner
January 30, 2024
Engelwood Cliffs, NJ Katz & Associates has promoted employee in its Nashville, New York City, and Boca Raton offices. Holly Buchanan at Katz & Assocs. in Nashville has been promoted
CBRE: Green energy-related leasing accelerates in Manhattan
January 30, 2024
Manhattan, NY With over $55 billion committed by New York State to source 70% of its power from renewable energy by 2030 and to achieve a zero-emission electric sector by 2040, New York City is experiencing the start of a new trend according to the CBRE Brief,
Zeman joins Acentech to lead California office
January 16, 2024
Los Angeles, CA According to Acentech, John Zeman, LEED AP, BD+C has joined the firm to lead its local office. Zeman brings a 20-year career in architectural acoustics, environmental
Black and Armes join Lee & Associates-NSDC
January 30, 2024
Carlsbad, CA Lee & Associates - North San Diego County (NSDC) welcomes Robert Black and Christopher Armes, seasoned commercial real estate professionals specializing in senior housing and hospitality investment sales. With a